ISLAMABAD – All banks in Pakistan will remain closed for public transactions on Thursday, January 1, 2026, according to a notification from the State Bank of Pakistan (SBP). The closure is due to the official bank holiday for the New Year.
The SBP stated that the suspension of public dealings applies to all commercial banks, development finance institutions, and microfinance banks across the country. Customers will not be able to conduct transactions, including deposits, withdrawals, or other routine banking services on this day.
Despite the closure for the public, employees of banks, development finance institutions, and microfinance banks are expected to attend their offices as usual. The notification emphasized that the holiday affects only customer-facing services, not internal operations.
Bank officials have advised customers to plan their financial activities ahead of the New Year holiday. Those needing to make urgent payments or transactions are encouraged to use online banking, mobile banking apps, or ATMs, which will continue to operate during the holiday.
The SBP regularly issues notifications regarding bank holidays to ensure smooth financial operations and help customers manage their transactions. January 1 is recognized as a public holiday in Pakistan, and the closure of banks is in line with national observances.
Customers are also advised to check with their respective banks for any branch-specific updates. Some bank branches in commercial areas may have limited services, but general public transactions will remain suspended.
The New Year holiday closure is part of standard banking practices in Pakistan. It allows bank employees to observe the national holiday while ensuring essential internal banking operations continue without disruption.
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Financial experts recommend using digital banking platforms during bank holidays to avoid delays. With the rise of online transactions, customers can still pay bills, transfer funds, and manage accounts even when banks are physically closed.
